High Taxes Outsource Jobs to Texas and Florida, and China and India, too

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bobguzzardi's picture
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 The great engine of growth in America is not the Northeast Megalopolis, which was growing faster than average in the mid-20th century, or California, which grew lustily in the succeeding half-century. It is Texas as Michael Barone points out. http://www.humanevents.com/article.php?id=40759

The  population of Texas grew 21 percent in the last decade, from nearly 21 million to more than 25 million. That was more rapid growth than in any states except for four much smaller ones (Nevada, Arizona, Utah and Idaho).   


Population and job growth tends to be stronger where taxes are lower. Neither Texas nor Florida have an income tax (a tax on productivity nor an inheritance tax which is why very liberal Senator Howard Metzenbaum, who advocated for higher taxes, particularly on the wealthy,  moved his residence to Florida to, legally, avoid inheritance taxes and  why it was to LeBron James’ personal interest to  choose low tax Florida over high tax New York. http://taxprof.typepad.com/taxprof_blog/2010/07/lebrons-accountant-sign-with-miami.html    

Florida and Texas finance government, mainly, through consumption tax, that is, a sales tax.  

       Lives in Florida     

Altogether, 35 percent of the nation's total population growth occurred in these nine non-taxing states, which accounted for just 19 percent of total population at the beginning of the decade. Seven of the nine states that do not levy an income tax grew faster than the national average. The other two, South Dakota and New Hampshire, had the fastest growth in their regions, the Midwest and New England.

The resident population of the United States  was 308,745,538. That's an increase of 9.7 percent from the 281,421,906 in the 2000 Census   

 

 

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bobguzzardi's picture
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thanks GarrisonK for reading. I am pleased that you found this helpful.

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dmuth's picture
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Sadly, that was a spammer.  He is now on the bottom of the Schulkyll River.

One dead giveaway for spammers is when they write generic-sounding text that has a link to a reasonably shady site in it.

Note that "generic-sounding" and "reasonably shady" are subjective terms. You get better at identifying them with practice.

 

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bobguzzardi's picture
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Fooled me. I am always so happy when someone reads what I wrote, I got carried away. Smiling

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